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Office Investment, Clonakilty, Co. Cork

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Office Investment, Clonakilty, Co. Cork FOR SALE Office Investment, Clonakilty, Co. Cork Building E, West Cork Technology Park, Clonakilty, Co. Cork Investment Highlights Contact Siobhán Young • Long term investment opportunity situated in West Cork Email: [email protected] Technology Park on the Cork side of Clonakilty just off the N71 Tel: +353 (0)21 427 5454 • Leased on a 25 year lease from 2002 to February 2027 Peter O’Flynn • Passing rent of €320,000 per annum Email: [email protected] • Five yearly upward only rent reviews Tel: +353 (0)21 427 5454 • Detached two storey modern office building with lift access • The property extends to approximately 2,329 sq m (25,069 sq Cushman & Wakefield ft) including 103 car parking spaces No. 6 Lapp’s Quay Cork • Tenant unaffected Ireland Tel: +353 (0)21 427 5454 cushmanwakefield.ie Building E, West Cork Technology Park, Clonakilty, Co. Cork The Location Description The property is located in the well established West Known as Building E, the property comprises a Cork Technology Park on the Cork side of Clonakilty, modern two storey stand alone office building just off the N71 linking Cork City, Clonakilty and areas situated at the western end of the park. It extends throughout West Cork. The park provides 9 modern to approximately 2,329 sq m (25,069 sq ft) of office buildings, in a campus style environment modern office accommodation. The specification employing upwards of 1,000 people. The largest includes raised access floors, suspended ceilings, employers in the park include South Western, PGi, recessed lighting and mechanical ventilation and air and Global Shares. conditioning. The accommodation is well presented and is currently laid out to provide mainly open plan office accommodation, with a number of meeting Clonakilty is a strong business location with a number rooms, offices and ancillary staff facilities provided on of significant employers in the town and it acts as the both floors. gateway to West Cork. The town services a large hinterland and accordingly provides a wide range of retail, commercial and leisure uses including a Super The building is of framed construction with a metal Valu and Dunnes Stores in addition to traditional retail skin to its exterior incorporating substantial tinted in the town, a broad mix of commercial uses including double glazing to both floors under a profiled metal offices, a three screen cinema and a number of hotels. sloped roof. It provides separate ground and first floor The success of the town as a business location directly receptions, a large passenger lift serving both floors led to the development of West Cork Technology in addition to a full range of toilet and shower facilities Park. including separate ladies and gents facilities on each floor. The property provides 103 surface car parking spaces including both disabled and visitor parking in addition to covered bicycle parking. Tenancy BER details The property is leased to PGi on a 25 year lease from BER C3 2002, expiring in February 2027. The passing rent BER No. 800484404 is €320,000 exclusive, subject to five yearly upward Energy Performance Indicator: 615.74 kWh/m²/yr only rent reviews. The tenant is also responsible for all outgoings. Tenant unaffected by sale. Title Price We understand that the property is held long On application. leasehold. VAT Viewings Further information available on request. View by appointment with the sole agents Cushman & Wakefield. Cork City N22 Cork Airport N7 Bandon Kinsale The Property Clonakilty Ordnance Survey Ireland Licence No. AU 0019218 SCSI Contact Siobhán Young Cushman & Wakefield Email: [email protected] No. 6 Lapp’s Quay Tel: +353 (0)21 427 5454 Cork Ireland Tel: +353 (0)21 427 5454 Peter O’Flynn Email: [email protected] Email: [email protected] cushmanwakefield.ie Tel: +353 (0)21 427 5454 Conditions to be noted: A full copy of our general brochure conditions can be viewed on our website at http://www.sherryfitz.ie/terms, or can be requested from your local Cushman & Wakefield office. We strongly recommend that you familiarise yourself with these general conditions. While care has been taken to ensure that information contained in Cushman & Wakefield publications is correct at the time of publication, changes in circumstances after the time of publication may impact on the accuracy of this information. PSRA Registration Number: 002607..
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